Quote from: mamahdedeh on October 08, 2021, 02:19:10 PM

Quote from: Silberman on October 08, 2021, 02:09:50 PM

Quote from: Alisha-k on October 06, 2021, 12:23:54 PM

FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.

The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.

and it can be said that they are self-taught, which in the end have to find their own strategy to be able to trade comfortably, until the ultimate goal is profit. go through a long process to be able to achieve their goals, and unfortunately many of them give up halfway. and it is this that must be learned that trading psychology cannot be underestimated

You also have to see it from another very important point of view, for example, to enter investors or the stock market you have to be in a broker where they ask for KYC and a considerable amount of money and this without counting that if you belong to one of the The forbidden countries then you cannot trade, while in BTC and the cryptocurrency market you can enter with very little money, I know friends who have only started with 10-20USD, and they have earned a lot, of course now the problem with KYC is something almost global, every exchange is demanding KYC unless it is not a decentralized one, but this option almost nobody sees it, for me this is one of the advantages of the crypto market.